Annual report pursuant to Section 13 and 15(d)

PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS (Details 4)

v3.3.1.900
PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS (Details 4) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Net periodic pension and other Postretirement benefit cost      
Corridor Approach for Amortizing Actuarial Gains and Losses 10.00%    
Pension benefits      
Net periodic pension and other Postretirement benefit cost      
Service cost $ 265 $ 261 $ 280
Interest cost 379 406 378
Expected return on plan assets (705) (713) (659)
Amortization of prior service cost (credit) (2) (2) (2)
Amortization of actuarial loss 199 73 197
Net periodic benefit cost 136 25 194
Settlement charge 149 4 1
Special termination benefits 20 5 2
Total cost recognized in the statement of income 305 34 197
Changes in AOCI for our benefit plans, pretax      
Beginning balance in AOCI (3,069) (1,537)  
Recognized prior service cost (credit) (2) (2)  
Recognized net actuarial loss (gain) 348 77  
Prior service credit (cost) arising in the current year (6) 0  
Net actuarial (loss) gain arising in the current year (270) (1,658)  
Foreign currency translation gain (loss) 92 51  
Ending balance in AOCI (2,907) (3,069) $ (1,537)
Prior service credit (cost) 3 10  
Net actuarial loss (2,910) $ (3,079)  
Defined Benefit Plan, Amount to be Amortized from Accumulated Other Comprehensive Income (Loss) Next Fiscal Year [Abstract]      
Amounts in AOCI expected to be recognized as component of net periodic pension cost in next fiscal year 179    
Amortization of prior service cost (credit) (2)    
Amortization of actuarial loss $ 181    
Weighted average assumptions used in computing the benefit obligations      
Discount rate (as a percent) 4.25% 3.75%  
Rate of increase in compensation levels (as a percent) 3.50% 3.50%  
Weighted-average assumptions used in computing net periodic benefit cost      
Discount rate (as a percent) 3.75% 4.75% 4.00%
Rate of increase in compensation levels (as a percent) 3.50% 3.50% 3.50%
Expected long-term rate of return on plan assets (as a percent) 8.25% 8.25% 8.25%
U.S. Plan      
Weighted-average assumptions used in computing net periodic benefit cost      
Expected long-term rate of return on plan assets (as a percent) 8.50%    
The 5-year annualized return on plan assets (as a percent) 6.70%    
The 10-year annualized return on plan assets (as a percent) 5.40%    
The 15-year annualized return on plan assets (as a percent) 5.70%    
Annualized return on plan assets since inception (as a percent) 10.60%    
Other benefits      
Net periodic pension and other Postretirement benefit cost      
Service cost $ 27 $ 26 $ 36
Interest cost 37 43 42
Expected return on plan assets (11) (11) (9)
Amortization of prior service cost (credit) (19) (17) (10)
Amortization of actuarial loss 10 2 13
Net periodic benefit cost 44 43 72
Settlement charge 0 0 0
Special termination benefits 2 0 0
Total cost recognized in the statement of income 46 43 72
Changes in AOCI for our benefit plans, pretax      
Beginning balance in AOCI (67) 13  
Recognized prior service cost (credit) (19) (17)  
Recognized net actuarial loss (gain) 10 2  
Prior service credit (cost) arising in the current year 10 31  
Net actuarial (loss) gain arising in the current year 40 (97)  
Foreign currency translation gain (loss) 0 1  
Ending balance in AOCI (26) (67) $ 13
Prior service credit (cost) 93 100  
Net actuarial loss (119) $ (167)  
Defined Benefit Plan, Amount to be Amortized from Accumulated Other Comprehensive Income (Loss) Next Fiscal Year [Abstract]      
Amounts in AOCI expected to be recognized as component of net periodic pension cost in next fiscal year (12)    
Amortization of prior service cost (credit) (19)    
Amortization of actuarial loss $ 7    
Weighted average assumptions used in computing the benefit obligations      
Discount rate (as a percent) 4.25% 3.75%  
Weighted-average assumptions used in computing net periodic benefit cost      
Discount rate (as a percent) 3.75% 4.75% 4.00%
Expected long-term rate of return on plan assets (as a percent) 4.75% 4.75% 4.75%